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Berentzen-Gruppe Boards Recommend Sazerac's Takeover Offer

MT Newswires·11/03/2026 06:52:09
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06:52 AM EST, 11/03/2026 (MT Newswires) -- Berentzen-Gruppe's (BEZ.F) executive and supervisory boards recommended that shareholders accept Sazerac's voluntary takeover offer of 5.55 euros per share. The German schnapps producer's boards consider the US alcoholic beverage company's offer fair and the best option for shareholders following an independent review, including an assessment by financial adviser ValueTrust. The offer period ends on Nov. 20 and requires a minimum acceptance threshold of 50% plus one share. Sazerac plans to delist Berentzen after the takeover, which is expected in the fourth quarter.